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" This definition of market value is as follows: ". . . (1) the highest price estimated in terms of money which a property will bring if exposed for sale in the open market allowing a reasonable time to find a purchaser who buys with knowledge of all of... "
Housing and Community Development Act of 1977: Hearings Before the ... - Page 1266
by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Housing and Community Development - 1977
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The Code of Federal Regulations of the United States of America

1969 - 784 pages
...determined by the head thereof. (h) "Fair market value" means the highest price estimated in terms of money which the property will bring if exposed for sale in the open market by a seller who is willing but not obliged to sell, allowing a reasonable time to find a buyer who...
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Conflict of Interest: Hearings Before Antitrust Subcommittee (subcommittee ...

United States. Congress. House. Committee on the Judiciary - 1958 - 662 pages
...VALUE DEFINED Fair Market Value is defined as the highest price estimated in terms of money which a property will bring if exposed for sale in the open...to find a purchaser who buys with knowledge of all uses to which it is adapted and for which it is capable of being used. REPRODUCTIVE COST DEFINED The...
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Real Property Acquisition Practices and Adequacy of Compensation in Federal ...

United States. Congress. House. Committee on Public Works - 1964 - 1050 pages
...lands it acquires. We define fair market value as the highest price estimated in terms of money which a property will bring if exposed for sale in the open...to find a purchaser who buys with knowledge of all uses to which it is adapted and for which it is capable of being used. The Appraisal Section has the...
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Real Property Acquisition Practices and Adequacy of Compensation in Federal ...

United States. Congress. House Public Works - 1964 - 366 pages
...lands it acquires. We define fair market value as the highest price estimated in terms of money which a property will bring if exposed for sale in the open...to find a purchaser who buys with knowledge of all uses to which it is adapted and for which it is capable of being used. The Appraisal Section makes...
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Summer Home Permits in the National Forests: Hearing Before the Subcommittee ...

United States. Congress. House. Committee on Agriculture - 1967 - 32 pages
...highest price estimatei in terms of money which a property will bring if exposed for sale in the opti market, allowing a reasonable time to find a purchaser who buys with knowledg of all the uses to which it is adapted and for which it is capable of being used as of given...
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Intergovernmental Cooperation Act of 1967 and Related Legislation: Hearings ...

United States. Congress. Senate. Government Operations - 1968 - 556 pages
...concepts". This is defined in our procedures as "the highest price estimated in terms of money which a property will bring if exposed for sale in the open market allowing a reasonable tame to find a purchaser who buys with knowledge of all the uses to which it is adapted and for which...
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Federally Assisted New Communities: New Dimensions in Urban Development

Hugh Mields - 1973 - 298 pages
...intended use. Market value is defined as the price that the property would be expected to bring if offered for sale in the open market, allowing a reasonable time to find a buyer who buys with knowledge of the uses for which the property is adapted or capable. The price will...
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Financial institutions and the Nation's economy (FINE): "Discussion ...

United States. Congress. House. Committee on Banking, Currency and Housing. Subcommittee on Financial Institutions Supervision, Regulation and Insurance - 1975 - 750 pages
...at this time, nnd that the estimated net realizable value contemplates the estimated selling price a property will bring if exposed for sale in the open...market, allowing a reasonable time to find a purchaser. We believe, however, that a disposition program would generally not exceed a five year period, and...
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Proposed Increase in Oil and Gas Leasing on the Outer Continental ..., Volume 3

United States. Bureau of Land Management - 1975 - 952 pages
...effective rental value. Fair market value is that price, expressed in terms of cash equivalency, which a property will bring if exposed for sale in the open market allowing a reasonable time in which to find a purchaser who buys with knowledge of all the uses and purposes to which it is adaptable...
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Land and Urban Development: A Preliminary Study

Peter Spurr - 1976 - 462 pages
...definitions, which vary slightly. The classic is: -The highest price, estimated in terms of money, which a property will bring if exposed for sale in the open...reasonable time to find a purchaser who buys with full knowledge of all the uses to which it is adapted and for which it is capable of being used-. Quoted...
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